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ArcelorMittal Signs Sustainability MoU With Automotive Supplier Snop

The agreement was signed at Snop’s headquarters in Villepinte, France, and also includes a commitment to test the use of ArcelorMittal’s high-strength, low-carbon-emissions steel products in structural car parts.
 
The two companies have already manufactured and used high-strength structural car parts used in the frame of a vehicle, and testing is currently underway.
 
“We are delighted to have signed this agreement with ArcelorMittal, a major and strategic supplier within our ecosystem. As steel represents 96% of CO2 emissions linked to Snop’s purchases, this agreement goes beyond reinforcing our longstanding partnership with ArcelorMittal and is an important step toward achieving our goal of reducing our supply chain emissions (scope 3) by 30% by 2030 as well as reaching net zero by 2050,” said Pierre Mainguy, purchasing director at Snop.
 
“We have been working closely with Snop, our valued customer and partner, for many years and the relationship has evolved in line with the changes in the automotive industry. Having a sustainability-focused MoU is a major step forward in our work with them, to reduce CO2 emissions created during the production of steel for the automotive sector,” said Yves Koeberlé, chief executive, ArcelorMittal Europe – Flat Products.